Reuters: Proctor and Gamble Chief more worried about U.S. than ever

Posted by Kendall Harmon

"I am really worried about the United States ... more worried than I've ever been in my career," McDonald, chairman and chief executive of the world's largest household products maker, told Reuters in an interview at his company's Cincinnati headquarters. "I worry about the deficit, I worry about an uncertain future."

McDonald, a member of the U.S. Advisory Committee for Trade Policy and Negotiations who visited Washington, D.C. last weekend, said he has told government officials that they must "create greater certainty for business."

Read it all.

Filed under: * Culture-Watch • Law & Legal Issues • * Economics, Politics • Economy • Corporations/Corporate Life • Taxes • The U.S. Government • The National Deficit • Politics in General • Office of the President • President Barack Obama

4 Comments
Posted February 9, 2010 at 6:56 am [Printer Friendly] [Print w/ comments]



1. BlueOntario wrote:

Does anyone have faith in our leaders?

Lord, give our leaders the wisdom they need as you remind us daily that it is in You we must place our trust.

February 9, 10:47 am | [comment link]
2. Adam 12 wrote:

Providing a greater certainty for business is a hard thing to do for a government that wants to BE business. Witness the successful reception of the recent “Green Police” commercial from the Super Bowl.

February 9, 11:04 am | [comment link]
3. CanaAnglican wrote:

Businesses that thrive on uncertainty, change, and market disruption will always lead the way.  They hire the best lawyers and accountants to do “workarounds” and find loopholes faster than the government can act.  We ain’t seen ‘nuthing yet.

I am not endorsing their practices—only saying what to watch for.

February 9, 11:57 am | [comment link]
4. John316 wrote:

“P&G’s Good Government Committee PAC contributed $355,000 to federal candidates during the 2008 election cycle, according to the Center for Responsive Politics. Of those funds, 65 percent went to Republicans and 35 percent went to Democrats.”

Didn’t get his money’s worth I guess.

February 9, 8:12 pm | [comment link]
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